EX-13.3 3 dex133.htm SUMMARIZED QUARTERLY FINANCIAL INFORMATION Summarized Quarterly Financial Information

EXHIBIT 13.3

Summarized Quarterly Financial Information

First West Virginia Bancorp, Inc.

Summarized Quarterly Financial Information

A summary of selected quarterly financial information follows:

 

2006

  

First

Quarter

                  

Total interest income

   $ 3,361,053         

Total interest expense

     1,122,867         

Net interest income

     2,238,186         

Provision for loan losses

     —           

Investment securities loss

     (106 )       

Total other income

     327,055         

Total other expenses

     1,813,711         

Income before income taxes

     751,424         

Net income

     600,043         

Net income per share

     0.39         

2005

  

First

Quarter

   

Second

Quarter

  

Third

Quarter

   

Fourth

Quarter

 

Total interest income

   $ 3,305,715     $ 3,271,283    $ 3,246,463     $ 3,304,796  

Total interest expense

     987,271       1,009,855      1,008,387       1,064,988  

Net interest income

     2,318,444       2,261,428      2,238,076       2,239,808  

Provision for loan losses

     90,000       90,000      —         —    

Investment securities gain (loss)

     77,856       2,390      38,309       (122 )

Total other income

     295,072       303,896      336,568       323,734  

Total other expenses

     1,930,503       1,857,371      1,823,928       1,839,623  

Income before income taxes

     670,869       620,343      789,025       723,797  

Net income

     545,728       510,783      613,555       592,199  

Net income per share

     0.36       0.33      0.40       0.39  

2004

  

First

Quarter

   

Second

Quarter

  

Third

Quarter

   

Fourth

Quarter

 

Total interest income

   $ 3,312,275     $ 3,264,003    $ 3,428,544     $ 3,401,297  

Total interest expense

     1,065,824       1,039,123      1,048,859       1,040,783  

Net interest income

     2,246,451       2,224,880      2,379,685       2,360,514  

Provision for loan losses

     30,000       90,000      90,000       90,000  

Investment securities gain (loss)

     (2,501 )     6,427      (880 )     1,719  

Total other income

     289,355       301,170      336,408       351,918  

Total other expenses

     1,624,134       1,628,201      1,707,810       1,786,662  

Income before income taxes

     879,171       814,276      917,403       837,489  

Net income

     658,740       625,579      707,973       645,033  

Net income per share

     0.43       0.41      0.46       0.43